McClatchy Co.'s board of directors approved Peter Farr's appointment as its CFO, effective March 30.
Farr, who recently was controller and chief accounting officer, will continue in his role as the company's accounting chief. He succeeds Elaine Lintecum, who will become special adviser to CEO Craig Forman until her retirement on June 30.
The company also promoted Stephanie Zarate to corporate controller and treasurer. Zarate will continue in her role as investor relations manager. She will also assume her new management role starting March 30.
Zarate will report to Farr in her new and expanded role.